Understanding why prices vary from store to store

Everyone has experienced that infuriating moment when you realize one store charges $3.00 less for a box of granola bars than the store you bought the same box at last week. Who decides the product’s price? Where is that extra money going? The short answer is that...

Not all product innovations work out

Just because an idea is fresh and new doesn’t mean it will succeed. The technology industry is littered with products and services that fell by the wayside as quickly as New Coke and it’s partner Crystal Pepsi, McDonald’s Arch Deluxe, and the Ford Edsel. Early...

5 aspects of retail execution that can hurt your business

Episode 1: How Product Placement Can Make Or Break Your Sales Welcome to the first entry of our mini-series “5 Aspects of Retail Execution That Can Hurt Your Business”. Today we will go over various aspects of product placement. Stay tuned for more articles! A lot of...